Technological Substitution Occurs When

question 85

Multiple Choice

Technological substitution occurs when:

• A) customers establish a new technological standard or dominant design.
• B) customers purchase new products to replace older technologies.
• C) a new dominant design prevents a company from competitively selling its products.
• D) a new technological design or process becomes the accepted market standard.

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Definitions:

Effectiveness

The degree to which something achieves its intended outcome or goal, often used to evaluate processes, strategies, or products.

Clichés

Phrases or expressions that have become overused to the point of losing their original meaning or effectiveness.

Business Writing

Professional writing aimed at facilitating business communications, including emails, reports, proposals, and memos.

Jargon

Specialized terminology associated with a particular field, profession, or group, often difficult for outsiders to understand.